“Our goal this year is to host the most successful Mexican Petroleum Congress (CMP) ever,” explains José Serrano, President of the Colegio de Ingenieros Petroleros de México (CIPM), “because we have all the elements we need: a great team, strong support from the local and federal government, and a great setting with all the necessary [...]
When US president Barack Obama visited Mexico last week, his Mexican counterpart, Enrique Peña Nieto, wasn’t the most powerful person he conferred with – at least, according to Forbes. The publication’s most recent listing of the world’s most powerful people ranks business mogul Carlos Slim Helú and his family at the [...]
This week Pemex sent a letter of intent to shipyard Hijos de J. Barreras (HJB) in Galicia, Spain, as a means to acquire 51% of the company’s stock. According to the letter signed by Pemex directors, the main goal behind the acquisition of the Spanish shipyard is to “transfer the technological knowledge of [...]
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Miguel Alonso Reyes – governor of Zacatecas – and Pedro Joaquin Coldwell – Energy Minister –inaugurated the construction of the new pipeline in Calera, Zacatecas.
The pipeline will begin operations in June 2014, and will serve as a supplier of energy, boosting productivity in the country, and at the same time promote competitive prices. Even [...]
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On several occasions Emilio Lozoya Austin – CEO of Pemex – has expressed concern about the NOC’s pension system, a situation that was reflected in today earnings call. There were several questions related to the amount of labor liabilities presented today; it is estimated that the value of this liability amounts to MX$ 1.3 billion pesos [...]
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The creation of the Pact for Mexico caused great impact because, for the first time, a presidential proposal was made to group the three parties that have been historically opponents: the PRI, PAN and PRD. The pact created high expectations, regarding the progress that could be achieved if the three main parties [...]
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